Explore how Dhanwel Hybrid Seeds Ltd.’s IPO performed on its first day of subscription, including investor participation, price band details, important dates, and the step-by-step process to apply through ASBA or UPI.
The Dhanwel Hybrid Seeds Ltd. IPO opened for subscription on August 19, 2026. The company’s public issue is being offered through the BSE SME platform and is structured entirely as a fresh issue.
The issue is valued at ₹26.73 Crores and is a book-built IPO, offering equity shares in the price range of ₹95 to ₹99 per share. The IPO will remain open for subscription until August 21, 2026.
The Dhanwel Hybrid Seeds Ltd. IPO opened with limited investor participation on its first day of bidding. Retail investors recorded relatively higher participation than non-institutional and institutional investors during the reported period.
On the first day of bidding, the Dhanwel Hybrid Seeds Ltd. IPO recorded an overall subscription of 0.06× as of 3:01 PM IST. Retail investors led the opening-day participation, while the NII category recorded limited bidding and the QIB portion remained unsubscribed at the reported time.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
0.00× |
Retail Individual Investors (RII) |
0.12× |
Non-Institutional Investors (NII) |
0.02× |
Total |
0.06× |
The retail category recorded the highest participation on Day 1 at 0.12×, followed by the NII category at 0.02×. Qualified Institutional Buyers had not placed bids at the reported time, while the overall issue stood at 0.06× subscription.
The price band for the Dhanwel Hybrid Seeds Ltd. IPO is set between ₹95 and ₹99 per share, with a face value of ₹10 per share. The market lot consists of 1,200 shares.
According to the issue details, the stated minimum investment is ₹2,37,600. At the upper price band of ₹99 per share, this corresponds to an application for 2 lots or 2,400 shares.
| Investor Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
Retail (Min/Max) |
2 |
2,400 |
₹2,37,600 |
S-HNI (Min) |
3 |
3,600 |
₹3,56,400 |
B-HNI (Min) |
9 |
10,800 |
₹10,69,200 |
The application value at the upper end of the price band can be calculated as follows:
Minimum application amount = 2,400 shares × ₹99 = ₹2,37,600
The issue follows the SME IPO lot-based application structure, under which applications are placed in prescribed multiples of the market lot.
For detailed insights about the company, issue particulars, and the latest updates, visit the Dhanwel Hybrid Seeds Ltd. IPO on Bajaj Markets.
The timeline below shows the milestones for the IPO, from the opening of bidding to the proposed listing:
| Event | Date | Details |
|---|---|---|
IPO Open Date |
August 19, 2026 |
Issue opens for subscription |
IPO Close Date |
August 21, 2026 |
Final day to submit bids |
Basis of Allotment |
August 24, 2026 |
Finalisation of share allotment |
Refunds Initiation |
August 25, 2026 |
Refund or fund-unblocking process begins |
Credit of Shares to Demat |
August 25, 2026 |
Shares credited to successful applicants |
Listing Date |
August 26, 2026 |
Shares proposed to list on the BSE SME platform |
Note: These dates represent procedural milestones based on publicly available data and are intended for informational purposes only.
Investors can apply for the Dhanwel Hybrid Seeds Ltd. IPO using either the ASBA facility through their bank or via UPI on supported broker platforms.
This is a convenient and secure method where your application amount stays blocked until shares are allotted.
Log in to your internet banking account.
Go to the ‘Investments’ or ‘IPO Application’ section.
Select ‘Shreeji Global FMCG Ltd IPO’ from the available list.
Enter your preferred bid quantity and price.
Confirm and submit your application.
The bid amount will remain blocked in your account until allotment.
Upon allotment, the amount will be debited, and shares credited to your Demat account.
You can apply using UPI through your stockbroker’s or financial marketplace’s online platform.
Log in to your trading account or Demat account on your broker’s platform or financial marketplace.
Navigate to the IPO section and select ‘Shreeji Global FMCG Ltd IPO’.
Enter your application details including number of lots and price.
Provide your UPI ID linked to your bank account.
Approve the UPI mandate request on your UPI app (like BHIM, Google Pay, or PhonePe).
Funds will be debited only upon share allotment.
Once allotted, shares will be credited directly to your Demat account.
Sources
LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner